AI
Artificial Intelligence
Blockchain
Last updated: April 21, 2025
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Rachel Wolfson
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Rachel Wolfson
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Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.
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April 21, 2025 at 17:35 GMT+3
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Advancements in machine learning and artificial intelligence (AI) are driving the growth of artificial general intelligence (AGI).
AGI is a theoretical AI system with capabilities that rival those of a human. Many researchers believe we are decades away from achieving AGI, but we may be closer than we think.
Findings from Verified Market Research in March show that the AGI market size was valued at $2.74 billion in 2023. This number is projected to reach a whopping $25.74 billion by 2031.
A Framework To Address AI Development Concerns.
While AGI may be beneficial, a number of concerns exist. A survey conducted by the Artificial Superintelligence (ASI) Alliance found that 48% of respondents believe that AI is being developed only to benefit big technology companies.
The majority of surveyors also mentioned they feel a lack of control when it comes to AI…
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